Los Angeles Area Chamber of Commerce I June 8
 
L.A. BUSINESS THIS WEEK
Los Angeles Area Chamber of Commerce Weekly Newsletter
 
 
Victories in statewide and local primary elections
 
Four of the Chamber-supported ballot measures were approved by voters, and both Jobs PAC endorsed candidates have advanced to the general election in November.
  • Prop 68, Natural Resource Bond - PASSED (56%-44%)
  • Prop 69, Transportation Revenue Lockbox - PASSED (80.4%-19.6%)
  • Prop 71, Ballot Measures Effective Date - PASSED (76.8%-23.2%)
  • Prop 72, Rainwater Capture Property Tax Exemption - PASSED (83.3%-16.7%)
  • The Chamber Jobs PAC endorsed Sheriff Jim McDonnell, who received 47.5 percent of the vote and will face Alex Villanueva in the fall.
  • The Jobs PAC also endorsed County Assessor Jeff Prang, who received 46.6 percent and will face John Loew.
           
 
 
Transportation & Goods Movement Council reviews Metro's Vision 2028 Plan 
 
The Chamber's Transportation & Goods Movement Council was joined by Nadine Lee, Metro's chief deputy officer in the Office of Extraordinary Innovation. Lee overviewed the recently released Vision 2028 Plan, a strategic planning document to increase mobility over the next decade. West Hollywood Councilmember Lindsey Horvath reported on the "All on Board Coalition's" work to accelerate the proposed northern extension of Metro's Crenshaw/LAX line. The Council voted to join the coalition and support the effort.
 
L.A. Care Health Plan's John Baackes discusses public option health care
 
Last Friday's Chamber Health Care Council featured remarks by L.A. Care Health Plan CEO John Baackes on public option health care and how the concept differs from single payer and universal health care. The council also discussed and voted to recommend to the Board of Directors a "support" position for the Children's Hospital Bond of 2018 that will provide $1.8 billion over 15 years to support critical, life saving care for the state's 13 Children's Hospitals.
 
Chamber hears from California SPI candidate Marshall Tuck
 
Today, the Chamber's Education & Workforce Development Council will hear from Marshall Tuck, candidate for California Superintendent of Public Instruction (SPI), a position currently held by Tom Torlakson. Tuck will discuss his work in education, including his most recent tenure as educator-in-residence at the New Teacher Center. The California SPI directs all functions of the California Department of Education, executes policies set by the California State Board of Education and serves as its chair. JOIN US for the second event in this two-part series when we'll hear from SPI candidate Tony Thurmond on July 13.
 
 
 
1FX Pay debuts new multi-currency bank accounts
 
Chamber member 1FX Pay has debuted new multi-currency bank accounts for businesses in the United States. Businesses can now hold, receive and exchange up to 36 different currencies, make local payouts and international group payments to 200 countries, speed up collections with correspondent accounts in the Eurozone and transfer funds without limits globally. 1FX Pay is a business banking and e-commerce platform offering FDIC-insured bank accounts and digital storefronts with built-in invoicing, instant payments and same day bank transfers that eliminate merchant fees. SIGN UP.
     
 
BIZCON SoCal announces line-up for sports panel

BIZCON SoCal has announced the line-up for its "The Power of Sports, the Heart of Business: Brands, Fans, Communities, Connections" panel, which will explore the ways in which sports franchises build communities both online and offline and utilize technology to deepen fan/consumer engagement. Confirmed speakers for the panel include Jennifer Pope, L.A. Kings; Erik Braverman, Los Angeles Dodgers; Thomas Braun, L.A. Galaxy; Lindsay Amstutz, Fox Sports West; Christina Khosravi, Los Angeles Lakers; and moderator Jonathan Lowe, L.A. Kings/AEG Sports. RSVP TODAY.
     
Chamber receives economic update from Beacon Economics' Chris Thornberg

On Wednesday, the Chamber heard from Beacon Economics Founding Partner Chris Thornberg during the Mid-Year Economic Briefing. Thornberg said that both the U.S. and the world economies were showing continued strength with no recession on the horizon. Thornberg said issues that need more attention include a tightening labor market and housing supplies that are not meeting housing demands. SEE THE FULL PRESENTATION.
     
Chamber participates in USC's U.S.-Korea Trade and Economic Relationship Conference

Carlos J. Valderrama, president of the Chamber's Center for Global Trade & Foreign Investment, participated as a moderator and panelist at the U.S.-Korea Trade and Economic Relationship Conference last week, held at the University of Southern California (USC). The panel discussion, "Opportunities and Challenges in U.S. & Korean Markets," covered topics such as why companies, including SMEs, should consider export and investment in Korea; aspects and features of the U.S.-Korea Free Trade Agreement (KORUS FTA) that benefit SMEs; and opportunities and challenges that SMEs face in U.S. and Korean markets. The USC Gould School of Law's Center for Transnational Law & Business and the Korea Foundation organized the event in cooperation with the Korean Consulate General in Los Angeles.
     
Advocacy in the small business community
On Thursday, the Chamber's Small Business Council heard from John Kabateck, state director, National Federation of Independent Business; Vartan Djihanian, manager, Western Region, U.S. Chamber of Commerce; and Catherine Nuezca Gaba, government & community relations/code studies, director, City of Los Angeles Department of Building and Safety. The speakers discussed the importance of advocacy, and how small businesses can work to advance public policies at the local, state and federal levels. "Our economic freedoms are being taken away as more and more people are less involved in their civic duties. That's why it's so critical for the small business community to take a more active role in civic life," said Djihanian.
     
Chamber's Bixel Exchange teams up with Snap Inc. and GALA

Bixel Exchange's L.A. Tech Talent Pipeline and Snap Inc. hosted Girls Academic Leadership Academy (GALA), the first ever all-girls STEM public school, for a special "Life in Tech with Snap Female Leaders" event last week. The evening featured dinner, a Spectacles by Snap Inc. presentation and a mingle session with 40 women who work at Snap. The event also included a panel where 60 girls from GALA heard about the inspiring tech careers and journeys of women in Snap's Women's Resource Group. They gave advice for the girls moving forward in their careers. SEE THE PHOTOS.
     
Bixel Exchange's Startup LAunch Program helps entrepreneurs find engineers

One of the biggest hurdles for a startup is finding a chief technical officer or a developer to build their product. Last week, Bixel Exchange's Startup LAunch Program hosted "Find A Developer: Startups Pitch for Engineers" with MISLA and Code District at Phase Two. More than 50 attendees heard pitches from nine companies looking to hire a developer or engineer for their startup. The event featured a 2-to-1 ratio of founders to developers, and a great mix of backgrounds and ideas.
     
Apply today to the Riordan Leadership Institute

The Riordan Leadership Institute (RLI) is a nine-month fellowship empowering early to mid-career professionals for lifelong community engagement and leadership through service on nonprofit boards. Course curriculum will ensure RLI fellows have the tools to be effective nonprofit board members, and participants will have the opportunity to apply those skills through training and field experience with a nonprofit board. APPLY TODAY.
 

IN THIS ISSUE
 
The Action
Victories in statewide and local primary elections
 
Policy This Week
Transportation & Goods Movement Council reviews Metro's Vision 2028 Plan

L.A. Care Health Plan's John Baackes discusses public option health care

Chamber hears from California SPI candidate Marshall Tuck
 
The Member
1FX Pay debuts new multi-currency bank accounts
 
The Opportunity
BIZCON SoCal announces line-up for sports panel
 
Other News
Chamber receives economic update from Beacon Economics' Chris Thornberg
 
Chamber participates in USC's U.S.-Korea Trade and Economic Relationship Conference
 
Advocacy in the small business community
 
Chamber's Bixel Exchange teams up with Snap Inc. and GALA
 
Bixel Exchange's Startup LAunch Program helps entrepreneurs find engineers
 
Apply today to the Riordan Leadership Institute
 
CHAMBER CALENDAR
 
 
Gary's Retirement
Thursday, June 14
 
 
 
BIZCON SoCal
Wednesday, June 20
 
Westside Connect
Thursday, June 21
 
 
 
Welcome New Chamber Members!
 
Findmylawtutor.com
Rincon Consultants
ClarkDietrich Building System
Frametek
City Compassionate Caregiver
Chamber Anniversaries
 
Platinum Circle
 

 
95 years
 
 
Small Business
Oakwood Worldwide - 30 years
Fellman & Associates - 5 years
HASHTAG PROMOTIONS - 1 year
Sentinel Resource Group, LLC - 1 year
Good News
 
Join Core/RELATED and AECOM-Tishman Companies for "The Grand" Inclusion Opportunity - The Grand Avenue Project Team is hosting a meet and greet at "The Reef" for downtown Los Angeles' premier mixed-use hotel, retail, residential and entertainment complex on June 13. READ MORE.
 
Walmart chooses Brandman University for new college credit program - Walmart unveiled a new education benefit for its associates aimed at removing barriers to college and graduation. Brandman University is one of three higher education institutions chosen to provide the benefit. READ MORE.
 
U.S. Open Cup: Another Chance To Make History - Los Angeles Football Club (LAFC) hosts Fresno FC in the U.S. Open Cup on June 6 at 7 p.m. at Banc of California Stadium, the first Open Cup Match in Club history.
 
In the News...

"L.A. County supervisors rarely lose a reelection bid. That probably won't change on Tuesday," Los Angeles Times, 6.2.18; "L.A. County supervisors rarely lose a reelection bid. That probably won't change on Tuesday," The San Diego Union-Tribune, 6.2.18; "Poly Welcomes New Members to Board of Trustees," Pasadena Now, 6.6.18